Marc Faber

Dr. Marc Faber "was appointed to Ivanhoe Mines' Board of Directors in February, 2002. He is managing director of Marc Faber Limited, a Hong Kong-based investment firm that provides advisory services to mutual funds. Dr. Faber is also a distinguished public speaker and author. He is the publisher of a widely-read monthly investment newsletter and author of a best-selling financial book. In addition, he is a regular contributor to several leading financial publications around the world.

"Dr. Faber is associated with a variety of funds including the Iconoclastic International Fund, The Baring Chrysalis Fund, The Overlook Partners' Fund, The Income Partners Global Strategy Fund, The India Capital Fund, The Matterhorn India Fund, The Magna Europa Fund plc, The China Mantou Fund and Sofaer Capital Inc.

"Dr. Faber studied Economics at the University of Zurich and obtained a Ph.D. in Economics magna cum laude. Between 1970 and 1978, Dr. Faber worked for White Weld & Company Limited in New York, Zurich and Hong Kong. From 1978 to 1990, he was the Managing Director of Drexel Burnham Lambert (HK) Ltd. Dr. Faber established Marc Faber Limited in 1990."